Cheapest Neighborhoods in Akron, OH
Some of the cheapest neighborhoods in Akron are Ellet, Merriman Valley, and Wallhaven. These neighborhoods offer some of the lowest rent prices in Akron, making them ideal for renters on a budget. As of June 20, 2026, the average rent in Akron is $956, which is 2.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Ellet
Average Rent
$838/Month
Year-Over-Year Rent Change
0.6%
Units Available
12 Rentals
Ellet, a lovely neighborhood, offers spacious homes, local schools, and parks. Its quiet streets and suburban feel, coupled with its proximity to shopping and dining along Canton Road, make it a perfect spot for families seeking a community-focused environment.
Merriman Valley
Average Rent
$889/Month
Year-Over-Year Rent Change
2.9%
Units Available
124 Rentals
Merriman Valley is an affordable neighborhood in Akron with an average rent price of $889. Compare this to the city average of $956. In the past year, rent prices have increased by 2.9%. Merriman Valley provides easy access to Kent State University, Parkwood Plaza, and Akron-Canton Regional.
Wallhaven
Average Rent
$937/Month
Year-Over-Year Rent Change
2.8%
Units Available
12 Rentals
Wallhaven, a bustling neighborhood, offers a mix of residential homes and commercial spaces, with easy access to shopping and dining. Its suburban atmosphere and proximity to local parks and schools make it a perfect spot for families and individuals seeking a balance of convenience and community.
Highland Square
Average Rent
$957/Month
Year-Over-Year Rent Change
2%
Units Available
18 Rentals
Highland Square, a trendy, artsy neighborhood, is known for its lively cultural scene, local shops, and restaurants. Its walkability and proximity to downtown Akron make it a perfect spot for young professionals and individuals seeking a lively, urban lifestyle.
Lane-Wooster
Average Rent
$989/Month
Year-Over-Year Rent Change
1.5%
Units Available
12 Rentals
Lane-Wooster, a diverse neighborhood, offers affordable housing and proximity to local schools and parks. Its community atmosphere and easy access to major highways and downtown Akron make it a perfect spot for families and individuals seeking an affordable suburban lifestyle.
Northwest Akron
Average Rent
$989/Month
Year-Over-Year Rent Change
1.3%
Units Available
20 Rentals
Northwest Akron, a well-established neighborhood, offers spacious homes and access to local parks and schools. Its suburban feel and proximity to major shopping centers and restaurants make it a perfect spot for families and individuals seeking a peaceful community.
East End
Average Rent
$1,063/Month
Units Available
25 Rentals
East End, a lively neighborhood undergoing revitalization, offers a mix of residential and commercial developments. Its proximity to the University of Akron and the downtown area make it a perfect spot for professionals and students seeking an urban lifestyle.
Fairlawn Heights
Average Rent
$1,101/Month
Year-Over-Year Rent Change
1%
Units Available
15 Rentals
If you’re looking for a great, affordable neighborhood in Akron, Fairlawn Heights might be the perfect place! It has an average rent price of $1,101, while the city’s average stands at $956. In the last year, prices have increased by 1%. Fairlawn Heights is near Akron-Canton Regional, Cuyahoga C.C., Brunswick, and Pilgrim Square.
Middlebury
Average Rent
$1,111/Month
Year-Over-Year Rent Change
10.3%
Units Available
21 Rentals
Middlebury, a historic neighborhood, is known for its tree-lined streets and charming homes. Its proximity to downtown Akron, local parks, and shopping make it a perfect spot for those seeking a quiet, residential neighborhood with easy access to city amenities.
Downtown Akron
Average Rent
$1,194/Month
Year-Over-Year Rent Change
2.4%
Units Available
62 Rentals
Downtown Akron is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Akron is $1,194 while the city average is $956. This is a 2.4% difference from last year. Residents enjoy convenient access to Unnamed Center, Akron-Canton Regional, and Cascade Valley Metro Park - South.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.